NQ & ES Premarket Comment Thursday 23-10-2025Good morning everyone,
Today the market is sitting in a balanced zone — we’re essentially in equilibrium. This means that price action could develop in either direction, and we need to stay open to both scenarios. It might initiate a move higher or lower, or simply oscillate within a defined range — a classic “ping-pong” session.
As the session opens, if we see price sweep the previous day’s low, that could offer a potential long setup. Conversely, if we get a strong impulse to the upside early on, we can start looking for potential short opportunities afterward.
What happens in the first few minutes after the open will be critical today — it should give us clarity on directional intent. The key levels to watch are clearly marked on the chart.
If you don’t feel confident or the picture remains unclear, do nothing. Staying on the sidelines is a valid position on days like this.
Normally I provide live commentary during sessions like this, but today I won’t be doing so. Stay calm, disciplined, and aligned with your trading plan and risk parameters.
We’ll review everything in the afternoon update to see how the session played out.
PF
X-indicator
BTC: Risk-off range below 110k, focus on 106.5k/105k/103k__________________________________________________________________________________
Market Overview
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BTC is range‑bound with a cautious tilt: sellers cap 110k while 106.5k keeps holding. The 12H pressure remains down even as higher timeframes stay resilient.
Momentum: Range with a bearish tilt 📉 — multiple rejections below 110k and repeated defenses at 106.5k; 12H risk filter points Down.
Key levels:
• Resistances (HTF→Mid): 109,800–110,200 (supply), 111,500–112,000 (supply), 112,800–113,200 (HTF supply).
• Supports (HTF→Mid): 106,500–106,700 (pivot), 105,200–104,900 (6H floor ~105,013), 103,200–103,500 (2H/4H cluster + D pivot).
Volumes: Moderate on 30m–4H; no outsized catalyst.
Multi-timeframe signals: 12H/6H/4H/2H/1H trending down, 1D/1W up; below 110k, risk of 106.5k then 105k retests unless price reclaims 110.8k with volume.
Risk On / Risk Off Indicator: NEUTRAL SELL — confirms the cautious bias and the cap near 110k.
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Trading Playbook
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Strategic stance: range market with a risk‑off tilt; favor tactical fades at supply and only take defensive longs on validated floors.
Global bias: NEUTRAL SELL below 110k; main invalidation: daily close > 110,800 with volume and follow‑through.
Opportunities:
• Defensive long at 105,200–104,900 if wick + ≥2H reversal close; target 108k/110k.
• Secondary long at the 103,200–103,500 cluster on clean 2H/4H signal; add if 106,700 is reclaimed.
• Tactical short on rejection at 109,800–110,200 (or 111.5–112k) aligned with 12H Down; add on breakdown of 106,500 with volume.
Risk zones / invalidations:
• Sustained break < 106,500 invalidates an immediate bounce and opens 105k then 103k.
• Impulsive reclaim > 110,800 invalidates tactical shorts and unlocks 112–114k.
Macro catalysts (Twitter, Perplexity, news):
• Cautious liquidity into FOMC week; CPI eyed as a decisive catalyst.
• Soft 7‑day BTC spot ETF flows (risk‑off tone), making rallies fragile under 110–112k.
• Potential geopolitics/energy headline risk that can amplify moves at key levels.
Action plan:
• Long Plan (105k): Entry 105,200–104,900 / Stop ~104,500 / TP1 108,000, TP2 109,800–110,200, TP3 111,500–112,000 / R:R ≈ 1.8–2.5.
• Long Plan (103k): Entry 103,200–102,900 / Stop ~102,400 / TP1 106,700, TP2 108,000, TP3 109,800–110,200 / R:R ≈ 2.0–2.8.
• Short Plan (110k): Entry 109,800–110,200 / Stop 110,800 / TP1 108,200, TP2 106,700, TP3 105,200 / R:R ≈ 1.6–2.2.
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Multi-Timeframe Insights
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Intraday timeframes (≤12H) lean lower while 1D/1W remain resilient above key supports.
1D/1W (Up): Constructive structure, but 112.8–113.2 remains a HTF supply cap; bullish confirmation needs a reclaim >110.8k with volume.
12H/6H/4H/2H/1H/30m/15m (Down): Lower highs below 110k; 106.5k then 105k as key demand; breakdown of 106.5k risks acceleration.
Major confluences/divergences: Strong confluence around 103k (2H/4H cluster + D pivot ~103.5k) and a 6H floor near 105,013; the deeper 102k+ zone sits lower — high quality if reached.
__________________________________________________________________________________
Macro & On-Chain Drivers
__________________________________________________________________________________
Macro is in “wait‑and‑see” mode into FOMC/CPI and ETF flows stay soft, weighing on rallies under 110–112k.
Macro events: Markets cautious into FOMC and CPI; USD/liquidity guarded; geopolitics/energy risks can add volatility near key levels.
Bitcoin analysis: 7‑day negative BTC spot ETF flows (risk‑off backdrop); technical structure centered on 106.5k/105k/103k versus 110–112k supply.
On-chain data: Price below STH cost basis (~113.1k) and below the 0.85 quantile (~108.6k); elevated LTH distribution; put‑leaning options skew; higher IV — a defensive stance.
Expected impact: Technical NEUTRAL SELL bias intact; rallies likely faded unless volume improves and a >110.8k close confirms.
__________________________________________________________________________________
Key Takeaways
__________________________________________________________________________________
BTC remains range‑bound with a risk‑off tilt between 106.5k and 110k.
- Overall trend: short‑term neutral/bearish, HTF still constructive but capped by 110–112k supply.
- Most relevant setup: fade 109.8–110.2 or take defensive longs at 105k/103k only on ≥2H reversal signals.
- One key macro factor: FOMC/CPI week with soft ETF flows leaves rallies vulnerable without volume.
Stay disciplined: respect invalidations and wait for confirmation before leaning into a direction.
__________________________________________________________________________________
DowJones at pivotal 46450 levelKey Support and Resistance Levels
Resistance Level 1: 47156
Resistance Level 2: 47285
Resistance Level 3: 47413
Support Level 1: 46450
Support Level 2: 46270
Support Level 3: 46126
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Gold Mcx Future update on 23/10/2025 Price 1,23,500/- Per 10g MCX GOLD (DEC 2025 FUTURES) — QUICK MARKET UPDATE
As of 23 Oct 2025 · 13 : 25 UK / 17 : 55 IST
Last Trade: ₹ 1 23 500 (– 0.9 % intraday · heavy sell-off in progress)
Bias: Bearish | Market Regime: High-volatility unwind | Sentiment: Fear building
Market Pulse
Gold is sliding sharply as intraday longs unwind across MCX and COMEX.
The ₹ 1 24 000 support gave way within the last hour, triggering algorithmic selling and dealer gamma hedges.
At ₹ 1 23 500, the market has erased most of this week’s bounce and is back in line with the lower end of the October value zone.
Macro cues are unsupportive:
The US 10-year yield hovers near 4 %,
USD Index firm around 98.8,
ETF flows negative for a third week.
The combination keeps risk assets on the defensive and gold under pressure.
Technical Read
Structure: Lower-high sequence confirmed.
Daily EMAs: 21 < 55 < 89 < 200 → bearish alignment.
Immediate range: ₹ 1 22 800 – ₹ 1 24 200.
Momentum: RSI ≈ 42, MACD below signal → trend weakness intact.
Failure to hold ₹ 1 23 400 could open the door toward ₹ 1 22 900 and then ₹ 1 22 400.
Order Flow Snapshot
Large sell blocks have reappeared near ₹ 1 23 900 – ₹ 1 24 100.
Cumulative delta remains negative (≈ – 2 000 lots).
No evidence yet of strong absorption by physical or hedging accounts.
Cross-Asset Signals
Asset Last Change Comment
XAUUSD 4 102 $ – 0.2 % Mirrors MCX weakness
USD Index 98.8 + 0.2 % Dollar bid caps metals
US 10Y Yield 3.99 % + 0.8 % Real-rate headwind
Crude Oil (MCX) ₹ 5 425 + 5.3 % Inflation beta higher
Silver (MCX) ₹ 1 48 670 + 2 % Still outperforming gold
Strategy Desk View
Gold is now in short-term breakdown mode after a textbook failure at the ₹ 1 24 300 zone.
The path of least resistance is lower until buyers defend the ₹ 1 22 800 band.
Momentum traders remain short-biased; positional players can look to cover part-profits near ₹ 1 22 400 – ₹ 1 22 600.
Volatility likely to stay elevated as dealers remain short gamma.
Bottom Line:
The rally attempt is over for now. With the dollar firm and yields sticky, MCX Gold could retest the ₹ 1 22 000 area before stabilising.
Expect two-way volatility but the bias remains sell-on-rise until the market closes back above ₹ 1 24 600.
Disclaimer: This note is for market insight and educational purposes only, not investment advice.
Trade responsibly and manage risk.
#Gold #MCX #Commodities #MarketUpdate #BullionAdvise #Finscan #Trading #Macro #InstitutionalFlows
S&P500 expected to open on a cautious note- earnings in focusUS equities lost momentum yesterday, with the S&P 500 falling -0.53%, snapping a three-day winning streak as renewed US-China trade tensions, weak corporate earnings, and continued government shutdown worries weighed on sentiment.
Key Drivers:
Trade concerns dominated after reports that the Trump administration is considering export restrictions to China on products containing or developed with US software, in retaliation for China’s rare earth export limits. This escalation hit semiconductor and tech stocks, with the Philadelphia Semiconductor Index down -2.36%.
Later, more conciliatory comments from Trump—suggesting a deal with China was still possible—helped stem deeper losses but failed to lift markets meaningfully.
Oil prices were the exception, with Brent Crude rising above $64/bbl after the US imposed new sanctions on Russia’s largest oil producers, intensifying pressure on global energy markets.
Gold continued its slide, falling another -0.65%, following Wednesday’s sharp selloff.
Corporate News:
Tesla shares came under pressure after profits plunged despite record sales, as rising costs hit margins. CEO Elon Musk used the earnings call to defend his proposed $1 trillion pay package.
Broader earnings sentiment weakened amid several disappointing results, adding to the cautious tone.
Global Developments:
In Canada, Prime Minister Mark Carney announced a plan to diversify exports away from the US and attract skilled immigration, signaling shifting trade dynamics in North America.
Outlook for Today:
Markets are expected to open on a cautious note, with traders monitoring fresh earnings releases and US data for signs of resilience. The S&P 500’s near-term direction will likely hinge on whether confidence improves around trade and earnings, or if risk aversion continues to build into the weekend.
Key Support and Resistance Levels
Resistance Level 1: 6720
Resistance Level 2: 6755
Resistance Level 3: 6765
Support Level 1: 6645
Support Level 2: 6590
Support Level 3: 6560
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBP/JPY Supply Zone Breakout Bullish Strong🚀 GBP/JPY Update (1H Chart)
📈 Ascending Triangle Breakout!
Price has broken above the structure with strong bullish momentum.
Supply zone at 203.300 now turning into support 💪
🎯 Technical Targets:
1️⃣ 204.400 – First target
2️⃣ 205.000 – Second target
⚡Momentum remains bullish while above 203.300
🕐 Timeframe: 1H
#GBPJPY #Forex #PriceAction #Breakout #TradingSetup
ElDoradoFx PREMIUM – GOLD ANALYSIS (23/10/2025, US SESSION)Gold is consolidating near 4,110–4,115 after attempting a bullish recovery from yesterday’s dip. Current PA is compressing within a minor intraday wedge under key dynamic resistance (H1 200EMA). The US session is likely to determine whether gold continues its bullish correction toward 4,150–4,162 or loses momentum and re-tests liquidity zones below 4,098–4,083.
⸻
📈 Market Overview
• Recent bullish recovery but still trading below major H1 protections.
• Buyers attempting to hold above 4,110, forming higher lows since early London.
• Sellers are defending resistance around 4,126–4,132, aligned with descending structure.
• Momentum mildly bullish but weakening — breakout decision likely in US volatility.
⸻
🧠 Technical Breakdown
📅 Daily (D1)
• Still in macro bullish uptrend, recent rejection candle confirmed lower wick buying.
• Current candle showing attempt to recover after heavy retracement.
• RSI holding around 59 — neutral but leaning recovery.
• Failure to climb above 4,150 today risks another bearish D1 candle.
⏳ 1H (H1)
• CHoCH confirmed from previous bearish swing, but price is still under key EMAs.
• Trading just below H1 200EMA (approx. 4,150–4,153) — a critical supply zone.
• Multiple rejections around 4,125–4,132, signaling short-term resistance.
• RSI ~53, balanced but slightly bullish.
• MACD histogram showing steady green momentum but starting to flatten.
📍Conclusion: US session needs a breakout above 4,132 or a strong retest to confirm direction.
🕒 30M
• Price consolidating in a tightening wedge.
• 200EMA overhead at 4,150 acting as session ceiling.
• MACD still green but declining — buyers losing steam.
• A break below wedge support (~4,104–4,106) may trigger corrective wave.
📉 15M–5M
• M15: Sideways structure; BOS previously bullish but now stalling.
• M5: Shows liquidity sweeps & quick rejections near 4,126 zone.
• Buyers holding structure above 4,110, but momentum slowing.
📍Scalp buyers may wait for retracement or bullish engulfing confirmation.
⸻
📐 Fibonacci Golden Zone (Last Impulse: 4,088 → 4,137)
🔸 38.2% → 4,119
🔸 50% → 4,113
🔸 61.8% → 4,106
✅ Golden Buy Zone: 4,119–4,106
⚠ If 4,106 breaks decisively, deeper pullback to 4,098–4,083 liquidity pocket is likely.
⸻
🎯 High-Probability Trade Scenarios
✅ Bullish Continuation (Preferred if zone holds)
📍Buy Zone: 4,119–4,106 (Fib confluence + bullish PA confirmation)
🎯 TP1 4,126 | TP2 4,132 (local high) | TP3 4,148 | TP4 4,159 (H1 200EMA)
🛑 SL below 4,102
⚡ Aggressive Breakout Buy
📍Trigger: Break & close M15 above 4,132
🎯 TP1 4,148 | TP2 4,153 | TP3 4,162 | TP4 4,168
🛑 SL below 4,125
🔻 Bearish Reversal from Supply (Only if clear rejection at 4,132–4,148)
📍Entry: Bearish engulfing/confirmation at 4,132–4,148
🎯 TP1 4,119 | TP2 4,113 | TP3 4,106 | TP4 4,098–4,083
🛑 SL above 4,153
📉 Breakdown Sell (Stronger correction case)
📍Trigger: Clean break below 4,106
🎯 TP1 4,098 | TP2 4,087 | TP3 4,071–4,058
🛑 SL above 4,113
⸻
📅 Fundamental Watch – US Session
• US jobless claims & mid-tier USD data may fuel volatility.
• DXY strength could cap gold upside near 4,148.
• If US yields fall, gold may break 4,132 strongly.
⸻
📍 Key Technical Levels
Resistance: 4,126–4,132 / 4,148–4,153 / 4,162
Support: 4,119 / 4,113 / 4,106 / 4,098 / 4,083
Trendlines:
🔻 Descending resistance capping at 4,132
🔺 Ascending intraday support at 4,110
⸻
🧾 Analyst Summary
Gold is coiling for a directional move during US session. Buyers still maintain short-term structure as long as price holds above 4,106–4,110. A bullish breakout above 4,132 may fuel an impulsive move into H1 supply at 4,148–4,159. However, repeated rejections could cause a deeper correction to 4,098–4,083 before any further bullish attempt.
⸻
📌 Final Bias Summary
✅ Bias: Mildly bullish above 4,106
⚠️ Rejection at 4,132 = short-term sell wave
📍 Buy dips > 4,106 | Strong buy only above 4,132
📍 Sell only on confirmed rejection or breakdown below 4,106
— ElDoradoFx PREMIUM 2.0 Team 🚀
⸻
Sui (SUI): Buyers Have To Defend Current Zone | Looking For BOSSUI is holding well above the support zone, where we already saw a clean reaction from buyers. The structure is forming nicely, and what we’re waiting for now is a proper BOS — that would confirm continuation and open the way toward upper targets.
If sellers manage to push price back below the support, we could revisit the lower zones again, but as long as buyers defend it, we stay focused on upside potential.
Swallow Academy
QQQ Ready to CollapseReasons the stock market could fall today:
Government shutdown fears creating uncertainty and GDP drag
White House instability after East Wing destruction shaking political confidence
Rising China tensions and supply chain disruption fears
New or expanded tariffs increasing costs and squeezing margins
Inflation pressures staying elevated despite weak growth
Stagflation worries combining slow growth with high prices
Investor sentiment turning risk-off amid multiple uncertainties
Corporate earnings at risk from weaker demand and higher input costs
Global contagion from China or Europe worsening growth outlook
USD/JPY Bullish strong trend Consolidation zone breakout 📈 USDJPY Technical Update (1H Timeframe) 🇺🇸💴
USDJPY is showing a strong bullish trend, breaking out from the recent consolidation phase. 💪
🟢 Buyers are active from the key support zone near 152.400, aligned with the EMA50 support, reinforcing the bullish momentum.
🎯 Technical Target: 153.200 (next major resistance zone)
🕒 Timeframe: 1H
⚡️As long as price holds above 152.400, the bias remains bullish. A clear break above 153.200 could open the way for further upside momentum. 🚀
#USDJPY #Forex #TechnicalAnalysis #Trading #PriceAction
WTI Oil: $66 Back on the Cards as Sanctions BiteWTI crude extends its rally this morning after fresh U.S. sanctions on Rosneft and Lukoil sparked renewed supply concerns. The EU’s latest package added to the bullish momentum, sending prices sharply off the $56–57 demand zone.
Technically, the point of control (POC) from the recent volume profile aligns perfectly with the $65.50–66.00 resistance, suggesting this is where price may stall or consolidate before deciding the next leg.
Momentum remains strong, volume is rising, and bulls are clearly in control. As long as WTI holds above $60, a push into $66 looks likely — but expect sellers to reappear at that POC zone.cards — especially as the market reprices geopolitical risk and short-term supply tightness.
Key Levels:
Support: $57.00 / $60.00
Resistance: $62.50 / $65.50–66.00
Next target: $66.00
Is A Bullish Crossover Next For Solana Price?Solana’s price stands at $187 at the time of writing, holding firm above the $183 support level. The altcoin remains range-bound, struggling to break through the key $192 resistance. However, price stability above support suggests growing resilience in the face of selling pressure.
If Solana’s bullish indicators gain traction, the price could climb past $192 and target $200 or higher. Strengthening support levels combined with improving investor sentiment could help SOL establish a sustainable uptrend.
Conversely, if momentum fails to build, Solana may drop below $183 to test $175. A further decline could extend losses toward $163. This would effectively invalidating the bullish outlook and signaling continued market weakness.
COAI Price Rallies 96%— Yet Rug Pull Warnings Surface, Why?COAI’s 96% rally in a single day would normally be viewed as bullish momentum. Yet, in this case, the rapid climb may signal speculative excess rather than genuine growth. The speed of the rise is amplifying concerns about the sustainability of its valuation.
The concentration of supply and inflated demand indicate that COAI could face a steep correction. If selling pressure emerges, the price could drop from $16 to $5 almost instantly, erasing most of the recent gains.
Conversely, if the top wallets refrain from offloading their holdings, COAI could extend its rally beyond $21. Sustained confidence could even push the token toward its all-time high of $48, though the risk of collapse remains significant.
Remember that 4hour chart because it's your Entry Have you ever thought one day it will happen?
You look straight into your blind spot.And you say one day I will see.
You look straight into your life,
Knowing tomorrow won't change and say "it will change"
This is where you find comedy.
Its not trying to be funny it's funny when you see yourself being yourself without someone trying to stop you .
What of your friends and family how can they stop you froming manipulating them?
How can you stop you from convincing yourself from not doing a habit you built?
Look at the 4h chart.
That's your entry now outside consolidations you want a high volume "elite" pattern get your entry
On the 4hour chart.
Its not automation it's a manual process the last part of trading is you checking the 4hour chart.
Make sure the price crosses or touches support on this time frame.
This is where you will shine as ab expert trader.
The 4hour chart is your entry .
Rocket 🚀 Rocket this content to learn more.
Disclaimer ⚠️ Trading is risky please learn about risk management and profit taking strategies.
Also feel free to use a simulation trading account before you use real money.
US DOLLAR AnalysisRespect the Higher Low: The Quiet Power of an Uptrend
U.S. Dollar Index (DXY) | 23 Oct 2025 | Pre–New York Session Outlook
By Daniel Fadeley
The U.S. Dollar continues to show a bullish bias, with higher lows forming consistently across both the weekly and daily structure. This ongoing strength keeps the broader tone positive for USD, while EURUSD and GBPUSD remain under cross-asset pressure.
We’re currently operating inside a bullish range with 97.672 as the range low and 99.205 as the range high.
Context
Momentum favors the dollar as buyers continue defending each pullback. If this month’s bullish structure holds, the market could confirm a longer-term upward phase.
However, conditions are slightly extended on Fibonacci sequence levels, suggesting reduced reward-to-risk for new swing positions until a clean retest offers better value.
Technical Map
Price took out yesterday’s high (98.771) and approaches the range ceiling at 99.205.
Volatility remains elevated through the week, and intraday momentum supports buy-the-dip behavior while daily lows continue to hold.
For cross-assets, this structure implies ongoing pressure on major USD pairs while the dollar holds above recent higher lows.
Fundamental Outlook
The week ahead features several key macro events:
U.S. GDP advance data
Core PCE inflation release
Multiple Federal Reserve speakers
Ongoing U.S. government funding discussions
Impact lens:
Yields rising → typically strengthens USD and tightens global liquidity.
Yields easing → can relieve pressure on risk assets such as equities and crypto.
Liquidity trends show ETF inflows slowing and capital rotating defensively, consistent with cautious macro positioning.
Plan
Current outlook remains bullish within range, focusing on position trades from defended lows and short-term rotational setups during volatility spikes.
Patience near 99.205 is key — a clean breakout with retest would confirm continuation; failure there could mean another controlled rotation inside the range.
Mindset
“Structure builds confidence. Clarity builds control.”
In fast markets, the goal is not prediction but preparation — follow structure, protect capital, and let confirmation lead conviction.
Educational use only — not financial advice.
Follow @CORE5DAN for calm, data-driven analysis and weekly structure lessons.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
#XVG/USDT — Symmetrical Triangle at Apex: Breakout?#XVG
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 0.005234, which represents a strong support point.
We are heading for consolidation above the 100 moving average.
Entry price: 0.005558
First target: 0.005582
Second target: 0.006076
Third target: 0.006366
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
EURGBP support retest?The EURGBP remains in a bullish trend, with recent price action showing signs of a breakout within the broader uptrend.
Support Zone: 0.8690 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 0.8690 would confirm ongoing upside momentum, with potential targets at:
0.8715 – initial resistance
0.8725 – psychological and structural level
0.8750 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 0.8690 would weaken the bullish outlook and suggest deeper downside risk toward:
0.8680 – minor support
0.8670 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the EURGBP holds above 0.8690 A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.






















